Material Event (Form 8-K)

Item 8.01. Other Events.

As previously announced, on October 29, 2025, First Mid Bancshares, Inc. ( "First Mid") and Star Sub LLC, a newly formed Iowa limited liability company and wholly-owned subsidiary of First Mid ("Merger Sub"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Two Rivers Financial Group, Inc., an Iowa corporation ("Two Rivers"), pursuant to which, among other things, First Mid agreed to acquire 100% of the issued and outstanding shares of Two Rivers pursuant to a business combination whereby Two Rivers will merge with and into Merger Sub, whereupon the separate corporate existence of Two Rivers will cease and Merger Sub will continue as the surviving company and a wholly-owned subsidiary of First Mid (the "Merger").

On December 30, 2025, First Mid received approval of the Merger from the Federal Reserve Bank of Chicago. First Mid previously received approval from the Iowa Division of Banking on December 23, 2025. First Mid anticipates that, subject to the satisfaction of customary closing conditions, the closing of the Merger will occur in the 1st quarter of 2026.